Gold Editorials & Commentary

It was only a week ago that I was opining that there was nothing ominous in the technical picture for gold and silver that was altering my bullish stance; RSI and MACD were trending up and price was stubbornly refusing to yield to the myriad of bullion bank attacks...

Given the torrid advance in gold (GLD [SPDR Gold Shares]) and the leveraged miner ETFs (NUGT [Direxion Daily Gold Miners Index Bull 3x]/JNUG [Direxion Daily Junior Gold Miners Index Bull 3x]), it is of note that RSI readings have screamed northward to the point...

An inverted yield curve has historically been the most accurate indicator of an impending or concurrent recession. The inversion during late 2006 and most of 2007 is a good example. Studies have shown that curve inversions precede a recession anywhere from 6 months...

First, I want to begin this article by thanking all those who read my articles for the amazing outpouring of support and prayers for my wife who is recovering from a freak accident. So, with her sleeping right now, I thought I would pen another article to at least...

Given the torrid advance in gold (GLD) and the leveraged miner ETF’s (NUGT/JNUG), it is of note that RSI readings have screamed northward to the point where I don’t think I can recall a shift in momentum quite this quickly or with such torque.

We believe the current price rotation is just the beginning of something much bigger.  Over the past 16+ months, we've been calling these tops and bottoms many months in advance.  In February/March 2018, we called the bottom and initiated a call that the US stock...

The U.S. yield curve has inverted again, and it has done so to the widest level since 2007. How much of a reason to worry is that actually? A sky-is-falling moment lurking ahead? If so, what chance of saving us does gold have?

The powerful sell signals I have in play for US stock markets show no signs of abating.

Gold has consolidated on yesterday’s gains and is marginally higher as risk aversion creeps back into markets. Gold rose 1.5% yesterday to its highest level in more than three months.

The Precious Metals sector has broken strongly higher in recent days, with silver breaking out of its downtrend just yesterday, when the fundamental reason for this move emerged – the Fed has let it be known, via the St Louis Fed governor, that they are going to...

US leaders are demanding the rest of the world recognize economic sanctions and stop buying Iranian oil. The U.K., Germany, France, Russia, China, and India are among the nations who don’t fully support the sanctions and would rather not pay higher prices for oil...

Gold’s $30 run-up over the last two sessions is the sharpest we’ve seen in a while. Was it just a knee-jerk reaction to continuing weakness in U.S. stocks? Probably. But we’ll keep a close eye on it nevertheless, since gold sentiment is so negative, sometimes...

While I will let the “real” analysts debate about how we should handle our trade deal regarding China, I am only here to discuss the sentiment around the China deal. This past week, I have seen many posts like this one:

We have been discussing the impossibility of China nuking the Treasury bond market. We covered a list of challenges China would face. Then last week we showed that there cannot be such a thing as a bond vigilante in an irredeemable currency. Now we want to explore a...

Industrials below we can see that on Friday it broke down from a Head-and-Shoulders top that had been forming since February, and the longer-term 5-year chart for the S&P500 index lower down the page makes clear that a giant top started to form with the January...

Last week, I discussed simple criteria to determine if the market had shifted to an intermediate trend, and concluded that only IWM fitted the bill at that time! This week, all four indexes have now crossed and closed below their 50-wk MAs.

Large precious metals speculators lowered their bullish net positions in the gold futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

Trump’s trade advisor, Peter Navarro, was on CNBC today asserting that the economy was expanding at an unprecedented rate.  Either Navarro is tragically ignorant or an egregious liar. Either way he looks like an idiot to those us who study the real numbers and...

To wit this bit from last week's missive: "...[Gold's] trend could well flip to Long within just a week's time simply through normal trading oscillation: the distance from present price (1284) to parabolic (1306) is 22 points; Gold's 'expected weekly trading range'...

Last week I was still optimistic on the prospects of the Dow Jones making new all-time highs in the weeks and months to come. However, seeing this tired old bull fall down and bang its head on the BEV -7.5% line below at the close of this week changes all that.

Sifting through the minutes of the Federal Open Market Committee (FOMC) to look for signals of changes in policy is a fixation for the financial media and the investment industry. Because both the stock and bond markets can reverse directions based upon the Fed's...

The big picture in the dollar has become clear these past few weeks, as an ending diagonal is taking shape, which when broken, a new down leg will begin.

Many people worry about the replay of the last economic crisis. But what if we look not in the direction from which the threat will come? What if we fight the last war? We invite you to read our today’s article about the possibility that the endgame will not to be a...

Here are today's videos and charts.

Gold rose to a two week high and was higher in most currencies today after Washington’s threat of tariffs on Mexico exacerbated fears of a global trade war and recession, which saw a ‘flight to quality’ and gains for safe haven gold.

This week, the 2019 edition of the In Gold We Trust report was released. The authors revealed which direction of the next gold price move they favor heavily. Let’s look at their premises and conclusion – how do they square with our analytical take?

I have now been writing for Seeking Alpha for approximately 6 years. And, I can honestly say that not much has changed in the readership base. Yes, that means you. You see, the same folks that have commented on my articles that Elliott Wave analysis is akin to...

We have written for over a year about the historical importance of the shift in Federal Reserve policy. We’ve noted that over the past 65 years in 11 of 13 rate cut cycles the gold stocks have enjoyed tremendous gains. The historical data shows an average gain of...

The charts are super interesting to look at. How quickly things turn, as if on a dime. 2018 featured a break above the Continuum’s limiter and folks, you and I were not the only ones who saw that and uttered “ruh roh!”; the Fed was well aware of the inflationary...

There’s no doubt about it: the Swiss like gold. Switzerland has the second-highest per capita gold demand in the world, a significant over-the-counter gold trading market and is home to the some of the world’s largest, most technologically advanced gold refiners....